26 Whiting Avenue, Oshawa (Lakeview), Ontario L1H3T3 is For Sale and has a listing price of 2,500,000. The property is located in the neighbourhood. It's been on the website for 38 Days.
Attention Builders, Developers, and Investors! This prime development site in Oshawa is zoned R3-A/R5-B (Residential, allowing for the construction of a 25-unit apartment building. Situated in a neighborhood with high rental rates and no rent control on new constructions, this location offers a lucrative opportunity for long-term investment. The property is surrounded by multi-residential apartments, ensuring strong demand for new units. Current rental income of $5,500 per month helps to mitigate carrying costs while the project progresses through the approval stages. The City of Oshawa is already aware of the project, facilitating a smoother approval process. Take advantage of this exceptional opportunity to secure substantial returns on your investment. **** EXTRAS **** Existing Appliances In All 3 Units ( 3 Fridges, 3 Stoves) Washer & Dryer, Existing Electric Light Fixtures, Existing Window Coverings (id:43137)
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 08/14/2024 | E9258458 | $2,500,000 | For Sale | - | - |
| Bedroom - Second | 3.7 m x 3.5 m |
| Bedroom - Second | 3.67 m x 2.44 m |
| Bedroom - Second | 3.34 m x 2 m |
| Living room - Basement | 4.5 m x 6.1 m |
| Kitchen - Basement | 5.4 m x 2.4 m |
| Bedroom - Basement | 2.3 m x 2.7 m |
| Living room - Main | 4.5 m x 6.1 m |
| Dining room - Main | 3.25 m x 3.1 m |
| Kitchen - Main | 5.4 m x 2.5 m |
| Living room - Upper Level | 2.4 m x 6.4 m |
| Kitchen - Upper Level | 2.6 m x 2.9 m |
| Bedroom - Upper Level | 3.67 m x 2.44 m |
